United 3rd-qtr profit tops views; full-year outlook hiked

1 Min Read

CHICAGO, Oct 16 (Reuters) - United Airlines posted a forecast-beating rise in third-quarter profit on Tuesday and raised its 2018 forecast for the third time this year, lifted by its strategy to add flights at three mid-continent U.S. hubs: Chicago, Denver and Houston.

On an adjusted basis, United earned $3.13 per share, beating the mean I/B/E/S estimate of $3.07. The number excludes the impact of tropical storms, which the carrier said diluted earnings per share by about 7 cents in the quarter.